XLM - Stellar - The PAMP -version 3- TARGETS includedXLM - Stellar - The PAMP -version 3- TARGETS included
Targets are there. This fractal has been a pain the arse to work with. I chopped it up a bit so i could manipulate it better, thats as good as I am getting it.
The characteristic PA to watch are those rising two pumps, before the big one.
So we are on the verge of the big one if history repeats itself ...again.
Goodluck
Stellarlumans
XLMUSDT (Stellar) Waiting for the Descending Channel Breakout #XLMUSDT Technical Analysis Update
Wait for the Descending Channel breakout Breakout
XLM/USDT currently trading at $0.17100
LONG ENTRY: Only enter long after Descending Channel Breakout in 4h chart
STOP LOSS: I will update once I see a breakout in 4-hour chart
Resistance level 1( Target): $0.2150
Resistance level 2 (Targe ): $0.2650
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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Stellar XLM ForecastXLM chart shows consolidation around the 4,000 price area. Furthermore the 4,000 price area seems to be the benchmark of previous resistance and support lines. The chart also suggests a symmetrical triangle longing for a breakout, reversal of trend and a bullish outlook for months to come. January 2018 is a very busy month for Stellar due to events which should attract the spotlight for many investors. Although prospects are favourable I am forecasting gradual growth rather than sharp mooning. However I do not exclude sharp increases in price due to hype and potential.
Buy target 3,500 - 4,000
Events :
16 January 2018 Community Pool
17 January 2018 Sentry Scouts Monthly
17 January 2018 Stellar Contracts
18 January 2018 Mobius Network
25 January 2018 Roadmap
This is not an investment advice, always do your own reseach.
Stellar (STR/XLM) Breakout Buy SignalStellar (STR/XLM) Breakout
of Symmetrical triangle
Buy Signal
After a few days of a 42% correction (92 ATH - 53) all signs point to a reversal and resumption of upward movement.
50, 100 and 200 EMA (day moving average) are all curling upwards, as it's looking like it's starting another move back towards ATH (All Time Highs).
Interestingly, Stellar was a hardfork from Ripple in 2014. Transactions on the decentralized Stellar network resolve in 2-5 seconds for a fraction of a cent, aiming for low-cost payments between different currencies. Stellar is a decentralized, hybrid blockchain that is fully open-source. It is infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation. With a team of top technology and finance professionals, the nonprofit Stellar 0.00% .org expands access to low-cost financial services to fight poverty and maximize individual potential. Stellar 0.00% (Lumens) (STR/XLM) is supported by IBM , Deloitte, Stripe, Google.org, Blackrock and loads of other big companies.
Looks interesting to me with still a lot of upside potential. US Dollar parity is the near term target, as it goes the way of Ripple. $10 USD parity in 2018? Given the way this market can sometime move, as well as the fact that STR ( XLM ) is valued far less than any other of the top 17 crypto currencies, I wouldn't be surprised at all to see it pass 1 USD parity in the coming weeks-month and even break the double digit value (i.e. $10) in 6-12 month's time, but who knows.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading